Euro falls from one-month high as ECB awaits data before a possible hike
FROM THE WIRE · FXSTREET.COM
Eurozone producer prices rose 11.1% from a year earlier in September, and European Central Bank (ECB) President Lagarde said the data between now and December will decide a hike. The Euro has fallen anyway, against a Dollar that has recovered part of Wednesday's drop.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishECB signals on a possible rate hike weigh on the euro ahead of the US NFP release.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Eurozone producer prices rose 11.1% year on year in September.
- 02ECB President Lagarde said data up to December will decide on a hike.
- 03The dollar recovered part of Wednesday's drop.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets